Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of the Idaho Association for the Education of Young Children, Inc. and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Idaho Association for the Education of Young Children, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Idaho Association for the Education of Young Children, Inc.